TRANSCOR ASTRA GROUP: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TRANSCOR ASTRA GROUP
Largest movements
- Financial fixed assets -€250.4m
down €250.4m (-80.8%), from €310.0m to €59.6m
- Receivables within one year +€204.5m
up €204.5m (+363%), from €56.3m to €260.7m
- Profit (loss) carried forward -€44.3m
down €44.3m (-12.5%), from €354.1m to €309.8m
- Financial charges +€41.0m
up €41.0m (+6,693,563%), from €612 to €41.0m
of which Non-recurring financial charges: +€40.7m
- Financial income -€35.1m
down €35.1m (-40.0%), from €87.8m to €52.7m
of which Non-recurring financial income: -€84.9m
- Taxes -€296,953
down €296,953 (-41.0%), from €724,584 to €427,631
- Gross operating margin -€1,441
down €1,441 (-5.9%), from -€24,571 to -€26,013
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €367,159,627 | €320,976,662 | -€46.2m | -12.6% |
| Fixed assets | 21/28 | €310,010,557 | €59,600,011 | -€250.4m | -80.8% |
| Financial fixed assets | 28 | €310,010,557 | €59,600,011 | -€250.4m | -80.8% |
| Current assets | 29/58 | €57,149,071 | €261,376,651 | +€204.2m | +357% |
| Amounts receivable within one year | 40/41 | €56,286,726 | €260,741,231 | +€204.5m | +363% |
| Other amounts receivable | 41 | €56,286,726 | €260,741,231 | +€204.5m | +363% |
| Cash at bank and in hand | 54/58 | €425,237 | €134,928 | -€290,309 | -68.3% |
| Deferred charges and accrued income | 490/1 | €437,108 | €500,492 | +€63,385 | +14.5% |
| Total equity and liabilities | 10/49 | €367,159,627 | €320,976,662 | -€46.2m | -12.6% |
| Equity | 10/15 | €365,279,563 | €320,932,719 | -€44.3m | -12.1% |
| Contributions | 10/11 | €9,673,797 | €9,673,797 | = | 0.0% |
| Capital | 10 | €9,673,797 | €9,673,797 | = | 0.0% |
| Issued capital | 100 | €9,673,797 | €9,673,797 | = | 0.0% |
| Reserves | 13 | €1,504,816 | €1,504,816 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,504,816 | €1,504,816 | = | 0.0% |
| Legal reserve | 130 | €979,179 | €979,179 | = | 0.0% |
| Reserves not available under the articles | 1311 | €525,637 | €525,637 | = | 0.0% |
| Profit (loss) carried forward | 14 | €354,100,950 | €309,754,107 | -€44.3m | -12.5% |
| Amounts payable | 17/49 | €1,880,064 | €43,942 | -€1.8m | -97.7% |
| Amounts payable within one year | 42/48 | €17,719 | €43,942 | +€26,223 | +148% |
| Trade debts | 44 | €17,719 | €16,314 | -€1,405 | -7.9% |
| Suppliers | 440/4 | €17,719 | €16,314 | -€1,405 | -7.9% |
| Taxes, remuneration and social security | 45 | - | €27,628 | +€27,628 | |
| Taxes | 450/3 | - | €27,628 | +€27,628 | |
| Accrued charges and deferred income | 492/3 | €1,862,346 | - | -€1.9m | |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€24,571 | -€26,013 | -€1,441 | -5.9% |
| Operating profit (loss) | 9901 | -€25,539 | -€27,011 | -€1,472 | -5.8% |
| Financial income | 75/76B | €87,770,592 | €52,677,476 | -€35.1m | -40.0% |
| Recurring financial income | 75 | €2,911,619 | €52,677,476 | +€49.8m | +1,709% |
| Non-recurring financial income | 76B | €84,858,973 | - | -€84.9m | |
| Financial charges | 65/66B | €612 | €40,969,902 | +€41.0m | +6,693,563% |
| Recurring financial charges | 65 | €612 | €315,716 | +€315,104 | +51,482% |
| Non-recurring financial charges | 66B | - | €40,654,186 | +€40.7m | |
| Profit (loss) for the period before taxes | 9903 | €87,744,441 | €11,680,563 | -€76.1m | -86.7% |
| Income taxes | 67/77 | €724,584 | €427,631 | -€296,953 | -41.0% |
| Profit (loss) for the period | 9904 | €87,019,857 | €11,252,932 | -€75.8m | -87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,019,857 | €11,252,932 | -€75.8m | -87.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.